DTYS News and Press, Barclays Bank PLC ZC SP REDEEM 13/08/2020 USD 50 - Ser A 06740L451 From 05/22/19

By Liz Ann Sonders Although we've put out short notes to our clients over the past few months about the United States-China trade war and tariffs' impact on the economy, it's been a while since I penned a more comprehensive (read: longer) report. We always do our best to stay out of the mo...

Editor's note: Originally published at tsi-blog.com on May 21, 2019. [This blog post is an excerpt from a recent TSI commentary] Keynesian economic theory is useless if the aim is to understand how the world of human production and consumption works, but it is useful when attempting ...

By Justin Murray Broadly speaking, banks operate under the concept of maturity transformation. Banks take short-term - less than one year - financing vehicles, such as customer deposits, and use that to finance long-term - more than one year - returns. These returns range from the most com...

On Wednesday I was doing my usual scan of the daily investment news. After reading this article from CNBC you could have knocked me over with a feather. Here is the key excerpt: Futures trading now indicates an 80% chance of a rate cut by January 2020, according to the CME’s FedWat...

Every breath you take Every move you make Every bond you break Every step you take I'll be watching you - The Police Imagine it, money made from nothing except a keystroke, a wand waved by an "independent" central banker, a computer is some small room where some clerk hits the ...

People need to stop calling the conflict between the U.S. and China a trade war because that term is misleading. It is an ideological war of comparable powers in a small world. In other words, it is not nearly as much about trade as it is about 1) two different approaches to life that extend t...

Judging by several key economic indicators, it's reasonable to assume that inflation will remain steady at a moderate pace. US GDP growth in the first quarter quickened to a solid 3.2% increase and the labor market expanded at a strong pace in April . Later this year, the expansion will bec...

Donald Trump continued to do his favourite thing this week…hanging out on Twitter. We're supposed to believe he has the Chinese on the run in trade negotiations. But look around wherever you are right now, Dear Reader. Whether you're at home…in your place of work…dining ...

Let's begin with the markets. Ten-year Treasury yields dropped eight bps this week to 2.39%, nearing the March 27th low (2.37%). Two-year yields fell seven bps to 2.20%, a 13-month low. German bund yields declined six bps to negative 0.10%, the low closing yield going back to September 2016. G...

What happened last week. What we're watching for next week. The market has taken a hit lately. Should we be worried? A look at the data might help. Chart of the Week - The Treasury Yield Curve The Treasury yield curve has inverted again. This indicator has a nearly perfect record...